Ontario motorists insured with the province’s largest carriers will begin to see approved rate decreases reflected in their renewal premiums this fall.
At least eight insurer filings for renewals as early as September 1, 2026, have been accepted by Ontario’s Financial Services Regulatory Authority, which has authorized average rate cuts.
Drivers should carefully open their renewal paperwork this season since these cuts come just two months after Ontario redesigned its auto insurance accident benefits structure on July 1.
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Source: https://immigrationnewscanada.ca